Atlas Engineered Products (CVE:AEP) Given New C$2.10 Price Target at Raymond James

Atlas Engineered Products (CVE:AEP) had its target price lowered by Raymond James from C$2.40 to C$2.10 in a report released on Thursday morning,BayStreet.CA reports. Raymond James currently has a strong-buy rating on the stock.

Separately, Ventum Financial lowered their price objective on shares of Atlas Engineered Products from C$2.00 to C$1.75 in a research report on Tuesday, November 26th.

Atlas Engineered Products Trading Down 3.4 %

Shares of Atlas Engineered Products stock opened at C$1.13 on Thursday. The firm has a market cap of C$66.81 million, a PE ratio of 16.14 and a beta of 1.13. Atlas Engineered Products has a 1 year low of C$0.96 and a 1 year high of C$1.70. The company has a debt-to-equity ratio of 62.14, a current ratio of 4.16 and a quick ratio of 2.31. The stock has a fifty day moving average price of C$1.22 and a 200-day moving average price of C$1.28.

About Atlas Engineered Products

Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.